OFF MARKET

64 Launceston Street
Lyons ACT 2606

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Land area: 1109m2
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Property Details for 64 Launceston St, Lyons

64 Launceston St, Lyons is a 12 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 1109m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
Unit
Land Size
1109m2
Local Government
Woden Valley
Lot/Plan
LYONS: Block 33, Section 20

Last Listing description (April 2017)

Offered to the market for the first time is this special opportunity for the astute investor or possibly a Self Managed Super Fund to be able to secure 6, two bedroom apartments all on the one title in this convenient inner Woden location.
There are a combination of units within the development. Two fully renovated, two partially renovated units and two units in completely original condition. All unit feature combined living dining area, built in robes to both bedrooms, functional kitchen layouts & separate bathrooms with a shower over the bath. There are carports for each unit and a common laundry area.
Currently returning $1380.00 pw. (Please note that the display unit is currently vacant but could rent for approximately $330 per week).

Outgoings are as follows:
General Rates: $1,108.00 per quarter.
Land Tax: $2,168.00 per quarter.
Water & Sewerage: $1,472.00 per quarter.
Insurance $575 per quarter
Electricity to common areas; $75 per quarter.
EER's are as follows:
Unit 1 - 2.0
Unit 2 - 3.0
Unit 3 - 2.0
Unit 4 - 0.0
Unit 5 - 2.5
Unit 6 - 1.5
Please visit our display unit or call Chris or David for further information.

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Property History for 64 Launceston St, Lyons, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$1,550,000
30 Jun 2016
Listed for Rent
$350/w
23 Jan 2017
  • 23 Jan 2017
    Listed for Rent - Price not available
  • 30 Jun 2016
    Sold for $1,550,000
  • 08 Jun 2016
    Listed for Sale Not Disclosed
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About Lyons 2606

The size of Lyons is approximately 2.3 square kilometres. It has 10 parks covering nearly 45.7% of total area. The population of Lyons in 2011 was 2,735 people. By 2016 the population was 3,103 showing a population growth of 13.5% in the area during that time. The predominant age group in Lyons is 30-39 years. Households in Lyons are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lyons work in a professional occupation. In 2011, 52.1% of the homes in Lyons were owner-occupied compared with 49.5% in 2016.

Lyons has 1,605 properties. Over the last 5 years, Houses in Lyons have seen a 8.36% increase in median value, while Units have seen a 25.14% increase. As at 31 October 2024:

  • The median value for Houses in Lyons is $984,260 while the median value for Units is $382,930.
  • Houses have a median rent of $623 while Units have a median rent of $475.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Lyons on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Lyons.

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